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Next Issue is supposed on 28th Jan 2007.

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Today's Feature Article

The 400 Richest Americans Secrets Of The Self-Made Want to really know what makes the wealthiest entrepreneurs tick?
Irena Whitfield

I always love to read about the lives and achievements of the top earners. That's why today I offer you this special article by Forbes.com about self-made billionaires. Read the answers, find yours and get some motivation for 2007.

Fourteen self-made members of the vaunted Forbes 400 shared candid, contrarian and even comedic answers to 20 thoughtful questions, ranging from what they eat for breakfast and how they pray to the importance (or lack thereof) of getting an M.B.A. and what advice they would give aspiring entrepreneurs. More added frequently.

I'm giving you my answers below to invite you to give yours. If you send me your answers to answers at thecassiopeia.com , I will reward you with a great Bonus:

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PLUS if you wish to get promotion for your business, please let me know if you agree with publishing your answers and add your website URL and photo.

1. What do you eat for breakfast?

Bread, butter, cheese, tomatoes, peppers, eggs, coffee, milk, orange or multivitamin juices.

2. What was your nickname in high school?

'Computer' at the Unversity because I was able to multiply 6-digit numbers by heart (which made me quite famous but I don't remember why I did it and how I discovered I knew it).

3. What was your first job?

Computer engineer in a car factory.

4. How often do you exercise?

Rarely.

5. Who was your mentor?

No one special, I learn from almost everyone I meet.

6. How many hours a day do you read?

6-8 hours.

7. What motivates you?

I love the challenges in business - something new every day.

8. What is more important: the idea or the execution?

Both are important but in reality I am the one to bring the idea, outline the full course till the realization and then there is someone to do the chores because I have new ideas which need instant realization and can't lose time on the details.

9. Worst day of your life?

The day on which my Granny died.

10. Do you pray?

Yes, but not in the traditional sense of the word: I discuss matters of interest, converse, make agreements with our Lord, ask for help, opinions, etc - all in my own way.

11. What was your biggest mistake?

1. I trusted people too much.
2. During a certain period I disregarded my priorities. It was too expensive.

12. Worst business idea you ever heard? (Did it succeed?)

To employ my relatives, no it didn't work.

13. What can’t you live without?

Money.

14. What is your favorite way to relax?

Music and puzzle or riddle solving, fallen for Sudoku.

15. What is the best part about being the boss?

I am indepedent, the Master of my time, life, destiny, money.

16. What is “success” to you?

To earn more than I can ever spend and be able to help people as much as I wish.

17. What is the best investment advice you ever heard?

Start trading forex.

18. Is there any reason to get an MBA?

Yes, I highly recommend it. Education opens new horizons and gives a completely different dimension to thinking and the life and world observation BUT the same important is to get the real life experience which is integral part without which no one can be a success.

19. If you could be anything else, what would it be?

Piano player.

20. What is your advice to young entrepreneurs?

• 1. Set your goals,

• 2. Find out what it takes to succeed,

• 3. What the cost is,

• 4. Set your priorities,

• 5. Learn, improve, develop flexible mind,

• 6. Take qualified decisions and risks,

• 7. Thoroughly prepare for every action,

• 8. Simply act - keep doing what is necessary until you succeed.

• 9. First build your wealth and then spend.

• 10. AND always take your own path.

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Today's Motivational Reading

Quick Goal Setting Tips
by Goals-2-Go.com

1. Make goals meaningful. Goal setting for the sake of goal setting almost always ends in disappointment. Goal setting is simply a tool to use in achieving a favorable outcome -- what some people call a "Dream."

2. Use positive language and the present tense when setting a goal. It is better to say "I weigh a healthy, trim and fit 185 pounds" than "I want to lose 20 pounds."

3. Always put your goals in writing. Every expert agrees that setting a goal without putting it in writing drastically reduces your chances of success.

4. Goal setting should take place in every area of your life, including Health, Relationships, Spiritual, Career and Financial.

5. Setting Life Goals will add dimension, excitement and texture to your life.

6. Failure doesn't always mean that you did something wrong in your goal setting or implementation. It may just mean that the time you allotted for success wasn't adequate. A thorough review process should be undertaken before setting the goal again.

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Goals-2-Go is a goal setting portal featuring a goal setting blog, goal setting programs, goal setting software and other programs for setting goals for weight loss, quit smoking and getting debt free. There is an overwhelming amount of goal setting information available on the Internet but most people who have never set goals before sometimes find the information confusing and conflicting.
http://www.thecassiopeia.com/goals2007.html

Today's Subscriber Article

10 Resourceful Things You Can Do With A Product That Doesn't Sell
David Thompson

1. Sell the reprint/reproduction rights to the product. You could make money selling other people the rights to reproduce and sell the product. People are always looking for new products to sell.

2. Giveaway the product for free from your web site. Just because it won't sell doesn't mean people won't visit your web site to get it for free. They may see another product you sell and buy that one.

3. Try auctioning off the product at an online auction. You may make part of your investment back. If you're lucky, you may even make a profit because people sometimes get into bidding wars and will bid a higher price than the product is worth.

4. Use the product as a free bonus for another product you sell. This will increase the perceived value of the product you're selling. People will feel they're receiving more for less.

5. Contact businesses with the same target market and see if they would be interested in using your product as a free bonus for their product. You could place your ad on the product and get free advertising.

6. Sell your product to businesses at wholesale cost as a promotional product. Businesses are always looking for products they can giveaway to their customers with their advertising on the product. You could make part of your investment back.

7. Barter your product to other businesses for things you need for your own business. You could trade for their products or services. This will save you money and help make up for your profit loss.

8. You could create an online contest so people could win your product. This will attract traffic to your web site. You also could get free advertising by listing it on online contest directories.

9. If you decide to giveaway the product for free, allow other people to giveaway the product for free. Place your web site ad on the product. This will spread your advertising and attract even more people to your site.

10. Ask businesses with the same target audience if they would be interested in combining your product with their product. You could then sell them together as a package deal and split the profits. You may have better results selling your product this way.

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